Director of Finance

Oversees the current and future financial health and planning of Hover Senior Living Community, a not-for-profit organization, and is responsible for constructing a sustainable financial structure that effectively maximizes the utilization of limited resources to meet the not-for-profit's mission, goals, and aspirations over time, in addition to creating a sustainable and dynamic business model that finds the necessary revenues and efficiently manages expenditures over fiscal years and responsible for creating a sustainable financial function and organizational infrastructure that supports and contributes to organizational success.

Accountabilities

• Organizational Strategy
  • Model the Culture Change Principles of the Eden Alternative.
  • Demonstrate commitment to and passion for the mission of the organization, understanding the realities of the nonprofit sector.
  • Together with the CEO and executive leadership team, develop the strategy to ensure the organization has the financial resources needed to achieve its current and future goals while mitigating financial and operational risk.
  • Oversee and work closely with the leadership team and others to establish an annual operating budget for the Organization.
  • Serve as a key advisor to & collaborator with the Board of Directors.
  • Develop and maintain effective working relationships with key financial partners.
  • Develop plans to address areas of opportunity within the Organization's financial health and financial processes.
• Financial Performance & Viability
  • Direct and oversee all aspects of the organization's finance, accounting, and budget functions.
  • Consistently analyze financial data and present financial reports accurately and timely; clearly communicate monthly, quarterly, and annual financial statements and KPIs; monitor progress and changes and make recommendations to the leadership team, Finance Committee, and the Board of Directors regarding HSLC's financial status.
  • Prepare the cash flow projections throughout the organization, understand the sources and uses of cash, and maintain the integrity of funds, securities, and other valuable documents.
  • Ensure compliance with US GAAP, company policies, applicable federal, state, and local regulatory laws, and financial and tax reporting rules.
  • Direct the three business segments' annual financial planning and budgeting processes.
  • Develop short and long-term budget projections and provide monthly and annual budget-to-actual reports.
  • Identify and address financial risks and opportunities for the organization.
  • Oversee Accounts Receivable/Payable activities ensuring rents are collected timely and bad debt is controlled and within budget.
  • Prepare accurate payroll documents for review by the CEO.
  • Ensure accounting internal controls are in place to avoid an adverse audit report.
  • Coordinate with outside auditor to ensure a timely audit and 990 completion on an annual basis
  • Demonstrates an understanding of the organization's donation cycle, the differences between restricted and unrestricted and other forms of donations, and the nuances of public-private partnerships.
  • Analyze financial data to provide recommendations to the organization's leadership team, Finance Committee, and Board of Directors.
  • Perform other related finance duties as needed and assigned.
• Team Members & Training
  • Recruit, select, supervise, mentor, appraise, coach, and counsel members of the finance department according to Hover policies and procedures.
  • Develop and maintain a schedule to ensure adequate staffing for the Finance/Accounting department.
  • Evaluate work performance and maintain accountability in the Finance/Accounting department in concert with Human Resources for expected performance outcomes.
  • Facilitate initial and ongoing training for the team as necessary based on Hover policies and procedures.
  • Ensure team members understand and effectively utilize the accounting software, payroll software, and Electronic Health Record system.
  • Facilitate regularly scheduled team meetings.
  • Maintain networks with multiple stakeholders, work with non-financially oriented staff, and determine how to measure success in a culture that emphasizes mission over the financial bottom line.
• Physical Demands/Working Conditions
  • Must have excellent verbal and written communication skills and function in an interdisciplinary team.
  • Plans and meets deadlines. Maintains a flexible work schedule to meet the demands of executive management. Hours may be long and irregular.
  • Demonstrates commitment to continued professional growth and development.
  • Must be able to read, write, speak, and understand the English language.
• Qualifications and Educational Requirements
  • Bachelor's degree or master's degree in accounting, finance, or related field; Master's degree preferred.
  • Minimum of ten years in accounting/finance and a minimum of five years of financial management experience.
  • CPA preferred
  • Strong knowledge of GAAP
  • Excellent Microsoft Excel and Word Skills.
  • Understands non-profit budget models, contracts, and regulatory requirements; Non-profit experience preferred.
  • Experience working with accounting software.
  • Strong interpersonal skills, ability to communicate and manage well at all levels of the organization.
  • Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
  • High level of integrity and dependability with a strong sense of urgency and results-orientation.

Benefits

1. Health
2. Dental
3. Vision
4. Retirement Plan
5. (PSLF) Public Service Loan Forgiveness
6. PTO/Sick
7. Planet Fitness Corp. Discounted Membership
8. ZayZoon - Earned Wage Access

Minimum Pay, Depending on Experience: $120,000.00 Annually